Brown Jordan International Gains Exclusive U.S. Distribution of Gold Mantis Contract Furnishings
POMPANO BEACH, Fla.–(BUSINESS WIRE)–Dec. 20, 2002
Brown Jordan International, Inc. (“BJI”), the premier designer, manufacturer and marketer of fine luxury and contract furnishings, and Suzhou Industrial Park Gold Mantis Furniture Design and Manufacture Co., Ltd, one of China’s leading contract furniture designers and manufacturers, signed an agreement today giving BJI exclusive rights to distribute Gold Mantis products to BJI’s contract accounts in the U.S. market under various brands owned by BJI.
Under the agreement, BJI will exclusively brand and market Gold Mantis contract furnishings to U.S. commercial, hospitality, retail, healthcare and restaurant industries. The companies will combine expertise and resources in the areas of design and product development to ensure leading edge products to their customers. Together with its sister company, Gold Mantis Construction Decoration Co. Ltd, a leading full service interior and exterior design and construction firm for upscale hotels, offices, retail and entertainment facilities, Gold Mantis’ design facility in Suzhou, China, which houses over 200 designers, will work directly with BJI’s DesignResource in Long Beach, CA, both utilizing the latest technologies in Computer Aided Design (CAD).
Bruce R. Albertson, President and CEO of BJI stated, “Today’s announcement further emphasizes BJI’s ongoing commitment to our global core competency in design. BJI is also committed to growing its Contract Channel, and this strategic alliance will figure significantly in this initiative.”
XingLian Zhu, Chairman and CEO of Gold Mantis Enterprises, stated, “We look forward to developing this strategic alliance with BJI. Our strength in design, quality, and manufacturing coupled with BJI’s experience in selling and marketing contract furnishings in the U.S. is a very powerful combination.”
About Brown Jordan International, Inc.
Brown Jordan International, Inc., designs, manufactures and markets casual and contract furniture under the brand names Brown Jordan, Pompeii, Winston, Vineyard, Atlantis, Stuart Clark, Casual Living, Tradewinds, Loewenstein, Charter, Lodging by Charter, Woodsmiths, Wabash Valley, Texacraft, and Tropic Craft.. Brown Jordan International’s corporate office is located in Pompano Beach, Florida with offices and manufacturing facilities located throughout the United States.
Brown Jordan International, Inc. is an affiliate of Trivest Partners, L.P., a private investment firm, which is a leading provider of equity for middle market corporate acquisitions, recapitalizations and growth capital financings. Since its founding in 1981, Trivest has sponsored more than 115 acquisitions and recapitalizations, totaling approximately $2.0 billion in value. Trivest recently closed its third institutional investment fund, Trivest Fund III, L.P., with $316.1 million in total commitments. For more information, please visit www.trivest.com.
About Gold Mantis Furniture Company, Ltd.
Suzhou Industrial Park Gold Mantis Furniture Design and Manufacture Co., Ltd. designs, manufactures and markets hotel contract and retail furniture in China. Gold Mantis Furniture’s corporate office is located in Suzhou Industrial Park, Suzhou City, Jiangsu Province, China. Suzhou industrial Park Gold Mantis Design and Manufacture Co., Ltd. is a private foreign funded, wholly owned corporation with annual revenue of US $12 million. The company has a total area of 65,000 square meters with an existing manufacturing facility of 25,000 square meters. The company has very advanced production lines from Germany, Japan and Italy with a strong design and high quality focused corporate culture. For more information please contact: Mr. Jianzhong Fan/general manager, Tel: 0086(512)-65936593 65931233, Fax: 0086(512)-65939323, E-mail: firstname.lastname@example.org, Http: www.goldmantis.com.
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